{"id":3984,"date":"2023-01-27T16:58:03","date_gmt":"2023-01-27T15:58:03","guid":{"rendered":"https:\/\/bifelab.com\/area-di-ricerca\/the-role-of-family-governance-beyond-financial-ratios-an-integrated-perspective-to-family-firms-survival-2\/"},"modified":"2023-01-27T17:17:21","modified_gmt":"2023-01-27T16:17:21","slug":"the-role-of-family-governance-beyond-financial-ratios-an-integrated-perspective-to-family-firms-survival-2","status":"publish","type":"avada_portfolio","link":"https:\/\/bifelab.com\/en\/area-di-ricerca\/the-role-of-family-governance-beyond-financial-ratios-an-integrated-perspective-to-family-firms-survival-2\/","title":{"rendered":"The role of family governance beyond financial ratios. An integrated perspective to family firms\u2019 survival"},"content":{"rendered":"<h3>Abstract<\/h3>\n<p>In the years following the economic and financial crisis, Italy, where most firms are family-owned, has seen the demise of more companies than any other country. To avoid a similar disaster in the future, it is important to understand which determinants inf0luence firms&#8217; survival. Stemming from financial and family business literature, this paper investigates the role of \u0304financial ratios and family corporate governance in predicting family firms&#8217; survival probability. To obtain empirical evidence, it performs a mediating regression analysis using a sample of 273 Italian family \u0304rms. The main findings show that family ownership concentration and the presence of a family CEO increase \u0304rms&#8217; survival probability, while a high number of family members involved in the firm and the co-presence of more generations hinder it.<\/p>\n<p>Keywords: Survival probability; prediction models; family business; corporate governance; financial ratios.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cite: (2020) \u201cThe role of family governance beyond financial ratios. An integrated perspective to family firms\u2019 survival\u201d (eds. Gallucci C., Modina M., Santulli R., De Rosa M.), in: Journal of Financial Management, Markets and Institutions, Vol. 2, pp. 1-27, ISSN: 2282-717X <\/p>\n","protected":false},"author":8,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"portfolio_category":[101,100],"portfolio_skills":[],"portfolio_tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The role of family governance beyond financial ratios. An integrated perspective to family firms\u2019 survival - BifeLab<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bifelab.com\/en\/area-di-ricerca\/the-role-of-family-governance-beyond-financial-ratios-an-integrated-perspective-to-family-firms-survival-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The role of family governance beyond financial ratios. An integrated perspective to family firms\u2019 survival - BifeLab\" \/>\n<meta property=\"og:description\" content=\"Cite: (2020) \u201cThe role of family governance beyond financial ratios. An integrated perspective to family firms\u2019 survival\u201d (eds. Gallucci C., Modina M., Santulli R., De Rosa M.), in: Journal of Financial Management, Markets and Institutions, Vol. 2, pp. 1-27, ISSN: 2282-717X\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bifelab.com\/en\/area-di-ricerca\/the-role-of-family-governance-beyond-financial-ratios-an-integrated-perspective-to-family-firms-survival-2\/\" \/>\n<meta property=\"og:site_name\" content=\"BifeLab\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-27T16:17:21+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bifelab.com\/en\/area-di-ricerca\/the-role-of-family-governance-beyond-financial-ratios-an-integrated-perspective-to-family-firms-survival-2\/\",\"url\":\"https:\/\/bifelab.com\/en\/area-di-ricerca\/the-role-of-family-governance-beyond-financial-ratios-an-integrated-perspective-to-family-firms-survival-2\/\",\"name\":\"The role of family governance beyond financial ratios. 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